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1815 W Ehringhaus St
Elizabeth City, NC 27909
Rent-A-Center (Corp Lease Recently Extended) · Retail Property For Sale
Investment Highlights
- Rent-A-Center Recently Executed 5 Year Extension While Retaining Two 5-Year Options Showing Continued Commitment of Almost 25 Years to Location
- Strong Corporate Guarantee – With Parent Company Upbound Group Inc, (Ticker: UPBD - NASQAQ) Rent-A-Center Operates Over 2,700 Locations
- Located as Outparcel to Retail Center Featuring Harbor Freight, Dollar Tree, UPS, US Coast Guard, Plant Fitness and Ollie’s Bargain Outlet
- Nearby Retailers Include Food Lion, Lowe’s, Panera Bread, NextCare Urgent Care and Chick Fil A
- 3+ Years Remain on Passive Lease Structure – Landlord Only Responsible for Roof, Structure and Foundation
- 8.00% and 7.40% Rental Increases Scheduled at Each Respective Option for Renewal
Property Facts
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,964 SF
Building Class
C
Year Built
1999
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.39 AC
Zoning
GB
Frontage
129’ on W Ehringhaus St
Amenities
- Dedicated Turn Lane
- Signalized Intersection
Property Taxes
| Parcel Number | 891301054522 | Improvements Assessment | $211,800 |
| Land Assessment | $117,700 | Total Assessment | $329,500 |
Property Taxes
Parcel Number
891301054522
Land Assessment
$117,700
Improvements Assessment
$211,800
Total Assessment
$329,500
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